Is this an asset category you have faith in and are willing to ride in more complex deals some day should be the key takeaways from this initial venture.        

I can ride out this wave....but most retirees dont want to wait 10 more years to see their money or be limited in any cash flow because they cant get rid of properties without taking a huge hit. 

Completion of repairs can't be more than 2 months ago and if there is no tenants the TK provider pays the rent until they find the first tenant.All this helps to make the majority of decisions in the purchasing phase and then just enjoy the ride. 

“The Market can stay irrational longer than you can stay solvent.”Sounds like to me everyone knows the market is acting irrational, but no one wants to get off the ride too soon.

Hail No, not even close, but it has been very educational. 

It was insightful to see how when everything seemed to fall apart for someone one week, how everything came back together the next week (or sometimes the next month).By being with a group, it made it seem like devastations weren’t that devastating as long as you could just ride it out.

Each month I have to burn use or lose, which usually means a long weekend motorcycle ride something pointless. 

With the 90min train ride into manhattan, the brewery’s and restaurants that are coming up there is a ton of potential here, but just needs more traffic.

With the roller-coaster in rents from the STR game (for example, my Oceanside place did $20k in July and $1400 in February) I would just want to make sure that you structure a monthly debt bill that is robust enough to ride that wave confidently!

Do you have the Cash to ride this out and take any future Covid hits?